THE OVERLAND INVESTING PROCESS
- Review current Overland investment offerings.
- Watch investment presentation.
- Perform due-diligence on the project.
- Decide to invest.
- Notify Overland about your desire to invest.
- View investment documents on the Overland investment portal or ask us to send them to you via email.
- Reviewing investment documents can feel daunting, but don’t worry, we’re always here to answer your questions.
- Involve all 3rd parties you wish to review the documents for you – attorney, CPA, etc.
- Sign all legal documents via electronic signature.
- Congratulations! You just made your first real estate investment commitment.
- Overland will then send you wiring instructions, please verify all wiring instructions by calling or emailing us directly.
- Work with your financial institution to send your investment to Overland.
- Once received, Overland will confirm receipt of the funds within 48 business hours.
- Good work! You are now officially invested and one step closer to growing your wealth through real estate.
- Overland keeps you up to date throughout your entire investment.
- In addition to be readily available to answer questions, Overland provides the following updates:
- Monthly Investor Updates: These are sent via email for all projects in development, construction, or lease-up so that you can have the up-to-date information about your investment.
- Quarterly Investor Webinar: For all investment in development, construction, or lease-up we hold quarterly investor webinars so that you can hear from directly from the team about what’s happening and also ask questions.
- Quarterly Investor Updates: Once the project is stabilized and distributions are being sent our regularly, we send our quarterly reports in lieu of monthly updates. Quarterly reports include financials and key news.
- Annual Investor Webinars: Once the project is stabilized and distributions are being sent our regularly, we hold annual webinars in lieu of quarterly webinars so that you can hear directly from the team and also ask questions.
The best way to get started with Overland Capital is to sign up for the Overland investor portal here
Absolutely. In order to do so it needs to be a self-directed IRA. You just need to call your IRA company and tell them you want to invest, and they can guide you through the process. We have helped a lot of people through this process as well.
Yes, on most projects. Incorporating 1031 exchanges into large investments is a specialty of Overland and we’ve helped people place millions of dollars of 1031 exchange money into high-quality projects. There are a few projects where 1031 exchanges are accepted for various reasons.
- An accredited investor includes anyone who:
- Has an annual income of $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR
- Has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence)
- In addition, entities such as banks, partnerships, corporations, nonprofits and trusts can be considered accredited investors. Entities who are accredited investors include:
- Any trust, with total assets in excess of $5 million, not formed to specifically purchase the subject securities, whose purchase is directed by a sophisticated person, OR
- Any entity in which all of the equity owners are accredited investors.
Yes. Overland invests it’s own money right along side all of the other investors on every investment offered by Overland.
This varies from property to property. For new development investments, the loan usually falls between 60% and 75% of the total cost of the project.
Overland is responsible for the loan. Investors are not on the loan, are not responsible for the loan, and don’t have any relationship with the lender. The only exception is for an investor who desires to invest more than 20% of the total investment offering.
All investments involve risk. While real estate has historically been one of the best performing assets over the years, it is not a riskless business. That being said, we are investors too on our properties so we only invest in properties that we think are going to do really well. All of the risks associated with investing with us are outlined in the private placement memorandum (PPM) which is a part of the investment documents for every investment.
- Overland does extensive due diligence on every investment it offers. On every property we perform the following:
- 3rd party feasibility study
- Costar reports
- In depth market analysis
- Rent survey and analysis
- Sale comparisons
- Conceptual construction costs
- Multiple 3rd party surveys and reports
- And much much more
- Overland starts paying distributions as soon as the property is stabilized. Because we mostly do new development investments, this timeframe varies from investment to investment. Distributions are paid quarterly as soon as the property is stabilized.
- The main disadvantage of investing in a new development property is there is no cash flow until the property is stabilized. On larger investments, this can sometimes be 2-3 years from the time of the initial investment.
- There are numerous advantages of investing in new development properties, but the main one is that you build the property for significantly less than the property is worth once built. New development investments can increase in value by 20-40% once completed which is near impossible to replicate by buying existing properties. This increase in value generally more than makes up for a lack of cash flow at the beginning of the investment.
Yes. We perform cost segregation studies on all of our properties as soon as they are built to take full advantage of the numerous tax benefits that come along with investing in real estate.